A measure of how much of a cryptocurrency was traded in the last 24 hours.
₹ 128.56k
Circulating Supply
The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.
262.80M RAY
Fully Diluted Market Cap
The market cap if the max supply was in circulation. Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply.
if max supply and total supply are infinite or not available, fully-diluted market cap shows N/A.
₹ 33.30G
Max Supply
The maximum number of coins that can ever be in circulation throughout the lifetime of a cryptocurrency.
555.00M RAY
Total Supply
Total supply = Total coins created - coins that have been burned (if any)
Raydium operates as an automated market maker (AMM) and liquidity provider established on the Solana blockchain, specifically catering to the Serum decentralized exchange (DEX). Distinguished from other AMMs, Raydium facilitates on-chain liquidity to a central limit order book, wherein funds deposited into Raydium are transformed into limit orders incorporated within Serum's order books. Consequently, Raydium liquidity providers (LPs) gain access to Serum's entire order flow and pre-existing liquidity. The native utility token, RAY, serves several purposes, including:
Staking to earn protocol fees.
Staking to receive allocations in initial DEX offerings (IDO).
Participation in governance votes concerning protocol decisions.